(FinTechNews.sg) Singapore Management University (SMU) and Tradeteq will be embarking on a project which aims to develop quantum computing-based credit scoring methods for companies.
This project is supported by the Monetary Authority of Singapore under the Financial Sector Technology & Innovation (FSTI) – Artificial Intelligence and Data Analytics (AIDA) Grant Scheme.
SMU and Tradeteq’s objective for the project is to build a predictive machine learning model which has the potential to improve credit scoring accuracy. The model will be implemented on both a quantum computer and a simulated quantum computer.